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$45.03 -0.12 (-0.27%)
2/10/2010 10:03 AM

Suburban Propane Partners, L.P. (SPH)

CAPS Rating:
*****

A nationwide marketer and distributor of a diverse array of products meeting the energy needs of the customers. It specializes in propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets.

Rating a stock in CAPS consists of three components:

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What the Community Thinks

Total Members

241 Outperforms
13 Underperforms
 

All-Stars

84 Outperforms
4 Underperforms
 

Wall Street

3 Outperforms
3 Underperforms
 

Members bullish on SPH are also bullish on:

Members bearish on SPH are also bearish on:

Ticker Tags

Gas Utilities (29), Income (1401), Growth (1902), Hard Asset (1002), Small Cap (1645), Utilities (167), Defensive (1457), Distressed (1597)
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Suburban Propane Partners, L.P. At A Glance

Current Price: $45.03
Last Trade Time: 2/10/2010 10:03 AM
Open: $46.12
Previous Close: $45.15
Daily Range: $44.83 - $46.12
52-Week Range: $31.00 - $50.00
Volume: 29,024
Market Cap: $1.59B
P/E Ratio: 11.58
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Stock Trends

SPH VS S&P 500 (SPY)

News & Discussion Boards

Top Bull Pitch

Recs

2

Suburban Propane Partners, L.P. (SPH)

Avatar KyrieLoon (65.85) Submitted: 6/06/09 4:30 PM

Propane, as a fuel, enjoys a captive clientele – those people who live too far from natural gas transmission lines to heat with NG and too smart to heat with electricity. Suburban Propane Partners (SPH) is the ‘go to’ choice for almost one million such customers. It’s a well regarded and well run c...More

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Recs

0

 (SPH)

Avatar Pheasanthill (70.72) Submitted: 12/30/09 1:16 PM : Outperform Start Price: $46.69 SPH Score: 0.97

great dividends will help it hold up as the markets hover or tank

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Recs

0

 (SPH)

Avatar Clint35 (59.70) Submitted: 12/11/09 3:56 AM : Outperform Start Price: $44.73 SPH Score: 4.10

Big dividend low P/E good cash to debt ratio

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Recs

0

 (SPH)

Avatar colddrink73 (90.12) Submitted: 12/07/09 5:23 PM : Outperform Start Price: $42.99 SPH Score: 7.53

Good "green" company, well at least it is not forign oil. Propane and Natural Gas should be a major play for our economy in the years ahead. Now I'm not saying it will be... but it should. It's developed here, we have a 100+ year supply with more being made avalible every day. Now its not as SEXY as wind or solar but it is more realistic. There is already the means in place to run cars. Many service stations already carry it. It is cheaper and more efficient to heat your home and water as well as all that back yard BBQ fun. I look to see nice returns from this as well as a good solid divedend. And like Hank Hill says... pass me another beer.

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Recs

0

 (SPH)

Avatar georcole (92.36) Submitted: 12/06/09 4:25 PM : Outperform Start Price: $43.85 SPH Score: 5.95

With the earnings being seasonal, they make money in the winter and lose money in the summer, it makes looking at their numbers interesting reading.

Propane tends to have a pretty stable customer base. From my limited experience, it seems that a fair amount of people that use propane tend to live in lower income areas away from cities and big towns. The options are limited for heating your house in those areas and it can be quite expensive to switch to another form of heat.

Since this is a partnership, you are a unitholder, not a shareholder, and they pay distributions, not dividends. With that being said, I am assuming that CAPS handles distributions the same way that it handles dividends as they are essentially the same in this regard. The distribution is being increased almost every quarter. It is currently paying a 7.5% distribution. While the stock price itself may not outperform the S&P, with the distribution factored in, it should outperform nicely. With a payout that large, SPH only needs to go up 2 or 3% per year in order to beat the S&P's historic average.

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Recs

0

 (SPH)

Avatar holyemo (69.44) Submitted: 12/02/09 10:20 PM : Outperform Start Price: $43.40 SPH Score: 7.66

low, low, low P/E ratio - under 9 - super strong history of dividends, ultimately indispensable market

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Wall Street

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Top
Pick
Member NameMember RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
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TrackWellsFargo 79.90 10/22/09 Outperform NS $43.42+3.55%-0.97%+4.52
TrackJimCramer < 20 02/19/09 Underperform 3W $33.43+34.51%+39.47%+4.96
TrackBarclaysCap 94.53 02/17/09 Underperform NS $34.84+29.06%+36.80%+7.73
TrackDreman 93.62 09/30/07 Outperform NS $36.64+22.72%-26.43%+49.15 Toggle the visibility of 60-Second Pitch and replies
TrackCitigroup 83.11 02/13/07 Outperform NS $34.19+31.51%-20.90%+52.41
TrackLehmanBros 82.17 01/29/07 Underperform NS $29.74+51.21%-20.02%-71.23

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